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As Us Bancorp Del (USB) Stock Value Declined, Shareholder Merriman Wealth Management Has Cut Position by $784,506; As Clorox Co. (CLX) Share Price Declined, Bennicas & Associates Has Trimmed Its Stake

The Clorox Company (NYSE:CLX) Logo

Merriman Wealth Management Llc decreased its stake in Us Bancorp Del (USB) by 18.22% based on its latest 2017Q4 regulatory filing with the SEC. Merriman Wealth Management Llc sold 14,802 shares as the company’s stock declined 8.45% with the market. The institutional investor held 66,417 shares of the major banks company at the end of 2017Q4, valued at $3.56M, down from 81,219 at the end of the previous reported quarter. Merriman Wealth Management Llc who had been investing in Us Bancorp Del for a number of months, seems to be less bullish one the $83.86 billion market cap company. The stock increased 0.71% or $0.36 during the last trading session, reaching $51.06. About 6.21M shares traded. U.S. Bancorp (NYSE:USB) has declined 4.48% since May 22, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Bennicas & Associates Inc decreased its stake in Clorox Co. (CLX) by 9.79% based on its latest 2017Q4 regulatory filing with the SEC. Bennicas & Associates Inc sold 2,200 shares as the company’s stock declined 15.48% with the market. The institutional investor held 20,267 shares of the specialty chemicals company at the end of 2017Q4, valued at $3.02M, down from 22,467 at the end of the previous reported quarter. Bennicas & Associates Inc who had been investing in Clorox Co. for a number of months, seems to be less bullish one the $15.48B market cap company. The stock increased 0.46% or $0.55 during the last trading session, reaching $119.56. About 817,244 shares traded. The Clorox Company (NYSE:CLX) has declined 7.70% since May 22, 2017 and is downtrending. It has underperformed by 19.25% the S&P500.

Among 17 analysts covering The Clorox Company (NYSE:CLX), 3 have Buy rating, 2 Sell and 12 Hold. Therefore 18% are positive. The Clorox Company had 59 analyst reports since August 5, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Outperform” rating and $131 target in Thursday, May 3 report. JP Morgan maintained the stock with “Underweight” rating in Wednesday, May 4 report. Morgan Stanley downgraded it to “Sell” rating and $11600 target in Thursday, April 19 report. On Thursday, October 5 the stock rating was maintained by Jefferies with “Hold”. The rating was maintained by BMO Capital Markets with “Buy” on Thursday, August 3. The stock has “Neutral” rating by JP Morgan on Tuesday, March 13. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, April 5. BMO Capital Markets maintained The Clorox Company (NYSE:CLX) rating on Friday, May 5. BMO Capital Markets has “Buy” rating and $136 target. The stock of The Clorox Company (NYSE:CLX) has “Neutral” rating given on Friday, February 26 by Sterne Agee CRT. As per Tuesday, November 3, the company rating was maintained by RBC Capital Markets.

More notable recent The Clorox Company (NYSE:CLX) news were published by: Seekingalpha.com which released: “Morgan Stanley warns on Clorox” on April 26, 2018, also Seekingalpha.com with their article: “Clorox And The Relative Safety Of Dividends” published on April 24, 2018, Benzinga.com published: “A Preview Of Clorox’s Q3 Earnings” on May 01, 2018. More interesting news about The Clorox Company (NYSE:CLX) were released by: Seekingalpha.com and their article: “Don’t Buy L Brands – Cramer’s Lightning Round (5/15/18)” published on May 16, 2018 as well as Streetinsider.com‘s news article titled: “Clorox (CLX) Declares $0.96 Quarterly Dividend; 3.2% Yield” with publication date: May 19, 2018.

Analysts await The Clorox Company (NYSE:CLX) to report earnings on August, 2. They expect $1.59 EPS, up 3.92% or $0.06 from last year’s $1.53 per share. CLX’s profit will be $205.92 million for 18.80 P/E if the $1.59 EPS becomes a reality. After $1.37 actual EPS reported by The Clorox Company for the previous quarter, Wall Street now forecasts 16.06% EPS growth.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.03, from 1.1 in 2017Q3. It worsened, as 50 investors sold CLX shares while 237 reduced holdings. 81 funds opened positions while 226 raised stakes. 93.02 million shares or 2.58% more from 90.68 million shares in 2017Q3 were reported. Ameritas Inv Prtn Inc reported 0.06% of its portfolio in The Clorox Company (NYSE:CLX). Fjarde Ap reported 34,658 shares. Eads Heald Investment Counsel accumulated 0.94% or 10,684 shares. Hall Laurie J Trustee invested in 0.01% or 135 shares. Raymond James Financial accumulated 56,847 shares. Sei Investments Comm stated it has 69,607 shares or 0.04% of all its holdings. Hl Financial Lc reported 10,688 shares. Principal Grp Incorporated owns 200,603 shares or 0.03% of their US portfolio. Arrow Fin invested 0.03% of its portfolio in The Clorox Company (NYSE:CLX). Legg Mason Asset (Japan) Ltd has invested 1.33% in The Clorox Company (NYSE:CLX). Davis R M invested in 7,667 shares or 0.04% of the stock. First Republic Investment has 158,745 shares. Jane Street Grp Lc reported 0% of its portfolio in The Clorox Company (NYSE:CLX). Cleararc Capital has 0.07% invested in The Clorox Company (NYSE:CLX). The Manitoba – Canada-based Great West Life Assurance Can has invested 0.08% in The Clorox Company (NYSE:CLX).

Bennicas & Associates Inc, which manages about $195.04 million and $114.78 million US Long portfolio, upped its stake in General Electric (NYSE:GE) by 26,250 shares to 40,880 shares, valued at $713,000 in 2017Q4, according to the filing.

Since February 20, 2018, it had 0 insider purchases, and 5 insider sales for $9.81 million activity. Parker P.W. sold $5.51M worth of stock. Elmore John R. sold $1.10 million worth of U.S. Bancorp (NYSE:USB) on Friday, February 23. Another trade for 13,641 shares valued at $750,528 was made by von Gillern Jeffry H. on Friday, February 23. Another trade for 20,000 shares valued at $1.10 million was sold by Kelligrew James B.

Merriman Wealth Management Llc, which manages about $1.58B and $409.69M US Long portfolio, upped its stake in Schwab Strategic Tr (SCHC) by 11,632 shares to 211,460 shares, valued at $7.75 million in 2017Q4, according to the filing. It also increased its holding in Vaneck Vectors Etf Tr by 85,678 shares in the quarter, for a total of 207,915 shares, and has risen its stake in Select Sector Spdr Tr (XLK).

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on July, 18. They expect $1.00 earnings per share, up 17.65% or $0.15 from last year’s $0.85 per share. USB’s profit will be $1.64 billion for 12.77 P/E if the $1.00 EPS becomes a reality. After $0.95 actual earnings per share reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts 5.26% EPS growth.

Among 33 analysts covering U.S. Bancorp (NYSE:USB), 12 have Buy rating, 4 Sell and 17 Hold. Therefore 36% are positive. U.S. Bancorp had 96 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of U.S. Bancorp (NYSE:USB) has “Buy” rating given on Friday, August 11 by Jefferies. The rating was maintained by Robert W. Baird on Friday, October 6 with “Hold”. On Wednesday, November 16 the stock rating was downgraded by PiperJaffray to “Neutral”. Piper Jaffray downgraded the stock to “Neutral” rating in Wednesday, November 16 report. As per Friday, September 15, the company rating was maintained by Jefferies. The stock of U.S. Bancorp (NYSE:USB) earned “Buy” rating by RBC Capital Markets on Thursday, July 27. On Friday, February 2 the stock rating was maintained by Morgan Stanley with “Underweight”. As per Wednesday, July 19, the company rating was maintained by Oppenheimer. The rating was maintained by JP Morgan with “Neutral” on Thursday, April 7. Susquehanna maintained U.S. Bancorp (NYSE:USB) on Wednesday, April 18 with “Hold” rating.

Investors sentiment increased to 0.96 in 2017 Q4. Its up 0.07, from 0.89 in 2017Q3. It increased, as 38 investors sold USB shares while 462 reduced holdings. 118 funds opened positions while 361 raised stakes. 1.18 billion shares or 1.20% less from 1.20 billion shares in 2017Q3 were reported. 186,600 were accumulated by Prospector Ptnrs Lc. Moreover, Chicago Equity Prtnrs Lc has 0.02% invested in U.S. Bancorp (NYSE:USB). Davis Cap Ptnrs Ltd accumulated 900,000 shares. Nj State Employees Deferred Compensation Plan holds 0.74% or 80,000 shares in its portfolio. Prudential Incorporated invested in 2.62 million shares. Meiji Yasuda Asset Mgmt Commerce has 0.7% invested in U.S. Bancorp (NYSE:USB) for 136,510 shares. Cetera Advisor Network Ltd Liability Co has 27,876 shares. Clarkston Ptnrs Limited accumulated 416,821 shares. Raymond James Finance Svcs holds 0.12% of its portfolio in U.S. Bancorp (NYSE:USB) for 371,009 shares. Schwab Charles Inv Mngmt reported 0.23% stake. Profund Advisors Limited Liability Company holds 0.2% in U.S. Bancorp (NYSE:USB) or 98,755 shares. Markston Intll Ltd Llc owns 0.93% invested in U.S. Bancorp (NYSE:USB) for 167,446 shares. Viking Fund Ltd Liability Company owns 19,000 shares. Primecap Mngmt Co Ca stated it has 5.11M shares or 0.21% of all its holdings. Tradewinds Capital Management Ltd has invested 0.14% of its portfolio in U.S. Bancorp (NYSE:USB).

U.S. Bancorp (NYSE:USB) Institutional Positions Chart

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